Property summary
This exceptional, renovated Class A office building, totaling 34,290 square feet, presents a unique investment opportunity in Bossier City, Louisiana. Situated on a 2.752-acre lot at the highly visible intersection of Benton Road and LA Hwy 3, this two-story building boasts a prominent hard-corner location with excellent visibility and access. Originally constructed as a bank headquarters, the property underwent extensive renovations in 2018, resulting in high-quality Class A amenities and attractive interior finishes. The building features 16,528 square feet on the first floor and 15,960 square feet on the second floor, with ample on-site parking including seven drive-thru lanes. Currently operating under a NNN lease expiring December 20, 2024, with an occupancy rate of 11.86%, this fee-simple property offers significant upside potential. The asking price of $3,750,000 is well below replacement cost for comparable assets, making it an attractive investment for owner-users or investors seeking an opportunistic acquisition. The property's strategic location offers close proximity to Barksdale Air Force Base and Shreveport, LA. Existing furniture, fixtures, and equipment are negotiable and may be included in the sale. The property's APN is S258 0019D.
Property profile
VerifiedCap rate & NOI
Current use
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Corporate Office
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Corporate Office Business Park
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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